Expert advice on purchasing, selling, or leasing homes, condos, cottages, and commercial properties in the Greater Toronto Area.
Navigating Toronto’s dynamic real estate market requires specialized legal expertise. Our dedicated real estate team is here to guide you through every step of the process, ensuring your transactions are smooth and secure. From reviewing contracts and conducting title searches to handling negotiations and closing deals, we provide comprehensive legal support tailored to your needs. Trust our experienced team to protect your interests, whether you’re buying, selling, or leasing property in the vibrant city of Toronto.
Our commitment to excellence goes beyond just legal representation; we strive to build lasting relationships with our clients. We stay updated with the latest market trends and legal developments to offer you informed advice and innovative solutions. Whether you’re a first-time homebuyer or a seasoned investor, our personalized approach ensures that your unique requirements are met with professionalism and efficiency. Partner with us for a seamless real estate experience that prioritizes your success and peace of mind.
Request a Free Consultation (905) 357-8106Your success is our business; it is not focused on financial gain but rather on satisfied customers
The Agreement of Purchase and Sale is a legally binding contract that may be enforced in court. As a result, it is not advised to sign a second agreement unless the seller agrees to release you from the first agreement, or if you are willing and able to acquire both properties.
While it is feasible to back out of a real estate transaction, there are some drawbacks. If the seller incurs charges such as mortgage holding costs or legal fees, or is unable to promptly market the home, you may lose some or all of your deposit. Furthermore, if your offer was significantly greater than the new buyer’s, the opposing party may decide to take legal action against you.
Real estate agents can help you identify a property that meets your needs and give significant assistance when purchasing or selling a home, but they are not licenced to provide legal advice. Hire a real estate lawyer to safeguard your legal interests. It is possible to use a real estate lawyer in lieu of a real estate agent where the deposit is held in the selling lawyer’s trust account instead of the real estate brokerage.
An agreement of purchase and sale is a legally binding contract between a buyer and seller that specifies the terms and circumstances of a real estate transaction, such as the purchase price, financing terms, and contingencies. It specifies both parties’ rights and duties in relation to the underlying real estate transaction.
If you purchase a pre-construction condominium from a developer, there will be a gap between when you take possession of the unit and when you gain complete ownership. This phase is also known as the “occupancy period” or “interim occupancy”. During this period, the developer will need you to pay occupation fees, sometimes known as “phantom rent.”
Yes, a real estate lawyer may assist you in leasing commercial property by negotiating lease terms, reviewing documents, and confirming that the lease is in accordance with applicable laws and regulations. Both landlords and tenants have the option of hiring their own real estate attorneys for lease-related legal advice and services.